Foreclosure Specialist
ITTConnect
Job Description
ITTConnect is seeking a Collector & Foreclosure Specialist for a direct-hire full time position with a client that is a large financial institution.
\n \nThe Collector & Foreclosure Specialist primarily functions as a collector, which includes contacting borrowers regarding past due loans. In addition, this function will assist the Team Leader by drafting demand letters, contacting the Bank's attorneys (either in-house or external), produce reports, and participate on projects as designated by the Team Leaders.
\n \nKey Responsibilities:
\n- \n
- Managing severely past due loans thru the foreclosure process. \n
- Tracking foreclosure sales while providing detailed reporting to Management. \n
- Acting as the conduit between the Bank, the borrower, and the Bank's attorneys. \n
- Review and submitting invoices representing the Bank attorneys' fees. \n
- Maintain and understand the requirements of FDCPA. \n
- Outbound / Inbound calls to and from delinquent borrowers. \n
- Resolve past due loans while minimizing risk. \n
- Maintain and update calling activities within the designated system. \n
Requirements
\n- \n
- Minimum of 5 of relevant experience. \n
- In-depth knowledge of federal, state, and investor requirements related to foreclosure \n
- Knowledge of banking regulations and compliance requirements, including AML, BSA and Bank Secrecy Act. \n
- Strong analytical and problem-solving abilities, with the capacity to interpret financial information and client needs. \n
- Proven ability to manage complex foreclosure cases and resolve escalated issues. \n
- Excellent written and verbal communication skills, with the ability to interact effectively with internal and external stakeholders \n
- Must be fluent in Spanish. Portuguese is a plus. \n
Vacancy posted 14 days ago
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